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Listed 13 days ago

1860 7TH Avenue W

Owen Sound, Owen Sound

$530,000

Detached|2-Storey
3 | 3 | 5
About this home

Welcome to your future memory-making headquarters, where backyard BBQ legends are born. This 2-storey family home is located within walking distance to Kelso Beach where you are never far from sunsets, fresh air and great swims. This property features a spacious backyard and large deck, perfect for outdoor entertaining. The main home offers functional family living, while the basement includes a walk-out with excellent potential for an in-law suite or secondary unit. Complete with attached garage, this home is ideal for families or those seeking added income potential. A great opportunity to start your next chapter in a desirable location!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,280
Lot Size39.9 ft x 165.11 ft
mls© NumberX13811504
Listed ByColdwell Banker Elevate Realty

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,713
Property tax
$357
Heat allowance
$150
Housing costs
$3,219 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $106,000
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,230 / mo
Cash down
$106,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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